Australian Tea Tree Oil Market Update
November 19, 2020
Australian Tea Tree Oil, known for its antiviral properties, has seen a spike in market demand mainly attributed to COVID-19. The demand continues to remain strong and firm within a tight market, without price increases (not including the currency exchange rate).
Last year’s crop encountered a severe drought, the crop this year produced 30% less than the year prior. The next harvest begins in June and runs through October.
Roughly 65% of the new crop was sold prior to the harvesting season. Due to high demand, now is a great time to stock up on Tea Tree Oil. If you would like to request a sample of this product or are looking for more information, please fill out the contact form and a member of our team will reach out shortly.